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Alex Jones Show_Joseph E. Stiglitz:A 3 Trillion $ Problem p1

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Uploaded by on Apr 25, 2008

http://www2.gsb.columbia.edu/faculty/jstiglitz/index.cfm

http://www.infowars.com/
Joseph E. Stiglitz, former Senior Vice President, Chief Economist of the World Bank, and Nobel recipient

Joseph E. Stiglitz was born in Gary, Indiana in 1943. A graduate of Amherst College, he received his PHD from MIT in 1967, became a full professor at Yale in 1970, and in 1979 was awarded the John Bates Clark Award, given biennially by the American Economic Association to the economist under 40 who has made the most significant contribution to the field. He has taught at Princeton, Stanford, MIT and was the Drummond Professor and a fellow of All Souls College, Oxford. He is now University Professor at Columbia University in New York and Chair of Columbia University's Committee on Global Thought. He is also the co-founder and Executive Director of the Initiative for Policy Dialogue at Columbia. In 2001, he was awarded the Nobel Prize in economics for his analyses of markets with asymmetric information.
Stiglitz was a member of the Council of Economic Advisers from 1993-95, during the Clinton administration, and served as CEA chairman from 1995-97. He then became Chief Economist and Senior Vice-President of the World Bank from 1997-2000.

Stiglitz holds a part-time appointment at the University of Manchester as Chair of the Management Board and Director of Graduate Summer Programs at the Brooks World Poverty Institute.

Stiglitz helped create a new branch of economics, "The Economics of Information," exploring the consequences of information asymmetries and pioneering such pivotal concepts as adverse selection and moral hazard, which have now become standard tools not only of theorists, but of policy analysts. He has made major contributions to macro-economics and monetary theory, to development economics and trade theory, to public and corporate finance, to the theories of industrial organization and rural organization, and to the theories of welfare economics and of income and wealth distribution. In the 1980s, he helped revive interest in the economics of R&D.

His work has helped explain the circumstances in which markets do not work well, and how selective government intervention can improve their performance.

Recognized around the world as a leading economic educator, he has written textbooks that have been translated into more than a dozen languages. He founded one of the leading economics journals, The Journal of Economic Perspectives. His book Globalization and Its Discontents (W.W. Norton June 2001) has been translated into 35 languages and has sold more than one million copies worldwide. Other recent books include The Roaring Nineties (W.W. Norton), Towards a New Paradigm in Monetary Economics (Cambridge University Press) with Bruce Greenwald, Fair Trade for All (Oxford University Press), with Andrew Charlton, and Making Globalization Work, (WW Norton and Penguin/ Allen Lane, September 2006). His most recent book, The Three Trillion Dollar War: The True Cost of the Iraq Conflict, with Linda Bilmes of Harvard University, was published in March 2008 by WW Norton and Penguin/ Allen Lane.

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  • He is right about social security. Our annual cost of living increase does not include food, energy and healthcare. My 681 dollar disability check buys less and less every day.

  • did the amount of your check do down within the last 2 years?

  • 666 views!?

  • NOOOOOO!

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  • I just watched "The Money Masters" and was blown away.

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  • @Alex Jones...one question..what is the CHAIRMAN of the COMITTEE ON GLOBAL THOUGHT AT COLUMBIA UNIVERSITY DOING on your show????????

  • Steiglitz is a strong supporter of a Communist leader who is killing people in my country. i don't understand how he came to be portrayed as a hero by your otherwise very circumspect and investigative media. Please investigate him further. A Stiglitz is a globalists of the highest order. He looks down on and laughs at patriots from any nation. Please do not give these academic ambassadors of the New World Order air time just because they change colour to appear on your show. They're chameleons

  • Alex Jones= The penguin

  • @catstevensdoggy quit hatin' G.E.D> white trash boy ! GO back at your job flipping burgers ar McDonalds loser! hee hee !!

  • its really funny this guy is taken seriously....here is is on the fucking alex jones looney tunes "911 was a inside hologram UFO" hour, and when hes not doing this he is getting sucked off by hugo chavez.

  • HAHAHA, WE HAVE, so... how's the economy doing?

  • phorse you sound like a horse's ass. pull your head out and see what is really going on. Do your research. I agree with wayland 063. Where do you get your info anyway. I bet you get it from Fox news. We are going through exactly what Joseph E. Stiglitz said it would......

  • Yesterday's Alex Jones Show is always available via phone at 575-464-3071.

    This is updated every day for the M-F shows.

    (You can use 1 to pause and resume, 2 to Rewind, 3 to Fast Forward)

    Pass this on to everyone you know. We need to get this out!

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